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Oneok Partners prepping offering of five-year guaranteed notes
By Andrea Heisinger
New York, Sept. 10 - Oneok Partners, LP announced plans to price five-year senior notes on Monday, according to a filing with the Securities and Exchange Commission.
The notes (Baa2/BBB/) are guaranteed by Oneok Partners Intermediate LP.
RBS Securities Inc., Mitsubishi UFJ Securities (USA) Inc. and U.S. Bancorp Investments Inc. are the bookrunners.
Proceeds will be used to repay amounts under a $1.2 billion commercial paper program and for general corporate purposes, including capital expenditures.
The natural gas company is based in Tulsa, Okla.
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